New Jersey – New legislation effective July 1 allows shareholder meeting participation by remote communication

April 30, 2013

AB 3050/SB 2327 (Chapter 41) signed by the governor April 1 and effective July 1 allows corporate shareholder meeting participation by remote communication and clarifies remedies for dissenting shareholders. The bill text can be accessed at http://www.njleg.state.nj.us/2012/Bills/A3500/3050_I1.HTM.